Will the Russia-Ukraine war push fuel prices more?
By Sunrise Fan
@sunrisefan (28524)
Philippines
February 24, 2022 12:19am CST
Russia has finally attacked Ukraine today and started the war. I'm afraid this will push the prices of fuel more. Sadly, in our country we've suffered the 8th fuel price increase for the year the other day .
I am using turbo diesel and when I fueled up last Saturday, the price had then an cumulative price increase of 20% from the beginning of the year. With the rise in fuel prices, prices of other commodities will naturally follow.
We haven't had enough misery because of the pandemic and here comes this war.
12 people like this
17 responses
@choijungeun (2629)
• Hangzhou, China
24 Feb 22
Fuel is not what you should worry,USA and Europe submit to the tyranny of Putin,Mainland,Cathay will act soon.They'll attack Taiwan and colonize the whole Southeastern Asia.Your country will be a communist country like North Korea,be a huge Gulag.That's what you need to worry.
4 people like this
@choijungeun (2629)
• Hangzhou, China
24 Feb 22
@GodServantme That's too bad,i believe they'll be angels and get the peace in the heaven.Meantime,i wish God can punish the Tyrant Putin soon.He should pay for what he did
2 people like this
@cacay1 (83577)
• Cagayan De Oro, Philippines
24 Feb 22
@choijungeun, never will my country become a communist country, don't dream about it to happen. Cross your fingers. 
1 person likes this
@sunrisefan (28524)
• Philippines
24 Feb 22
@Shavkat I've just read now that gasoline in Bantayan Island in Cebu is P83.28.
@sunrisefan (28524)
• Philippines
24 Feb 22
Fuel prices have already gone up 8 times since the beginning of the year and surely this war will push the prices up more.
1 person likes this
@sunrisefan (28524)
• Philippines
24 Feb 22
Yes, you're right. It will be a chain reaction.
2 people like this
@sunrisefan (28524)
• Philippines
20 Mar 22
I hope the drop you're saying continues because, usually, when prices shoot up, they go down slowly as a snail and in "morsels".
@porwest (92589)
• United States
24 Feb 22
In the United States the definite answer is yes, AND probably for the Philippines as well. The problem is that the Biden administration reversed all of the Trump energy policies that made the US a primary exporter of oil to the world and brought gas prices down dramatically. Now that Biden has returned us to energy dependent...
Guys like Putin are back in control of the oil supply and prices will go up significantly. Here in the U.S. I would not be surprised to see $6 a gallon at some point honestly.
1 person likes this
@sunrisefan (28524)
• Philippines
24 Feb 22
The usual practice - one administration reverses policies or projects of a previous administration.
1 person likes this
@sunrisefan (28524)
• Philippines
26 Feb 22
@porwest Read from many that you're right.
1 person likes this
@porwest (92589)
• United States
25 Feb 22
@sunrisefan The difference is that in the past presidents reversed BAD policy, not good policy. Biden reversed a lot of GOOD policy.
@rsa101 (38166)
• Philippines
27 Feb 22
Yes, I guess since they are an oil-producing country they will impact the supply of oil and drive the prices from rising again because the demand will increase. Another commodity is wheat since they say that they also export a large amount of it to the world. So it might also be the supply of flour that would be affected worldwide too and will spike the process as well.
@rsa101 (38166)
• Philippines
27 Feb 22
@sunrisefan I think since they have a very large land area, they have a large amount of commodity they produce and share with the world. I guess that is why Russia is a bit insecure about them and wanted to annex them as part of Russia's territory.
1 person likes this
@sunrisefan (28524)
• Philippines
28 Feb 22
@rsa101 That could be a big reason why they want again to take control of Ukraine.
1 person likes this
@sunrisefan (28524)
• Philippines
27 Feb 22
I saw a post yesterday or the other day listing 20 or more commodities where they are either in the 1st to 5th producer or in the 6th to 10th.
1 person likes this
@oscarbartoni (2581)
• United States
25 Feb 22
There will be those that produce weapons that are used in war that will benefit from going to war and they will be will pushing to go to war but they will not be the ones going to get hurt because they will be staying at home.
@jobelbojel (36041)
• Philippines
5 Mar 22
I have not tuned in to news after there was a report that Russia and Ukraine were on peace talks.
I hope that it won't escalate so prices won't go up.
@sunrisefan (28524)
• Philippines
6 Mar 22
I'm not sure if this is true or not but I have read yesterday that gasoline prices will go up anew by 1.80-3.00 and diesel by 3.50 to 5.50. I am confused with what's coming out because another friend also said that gasoline will go up by as uch as P5 and diesel by P10.
@Letranknight2015 (52079)
• Philippines
21 Mar 22
I have already seen it in the canned goods, they might raise another peso on it. Plus 15php increase in the jeepney fares. Good thing I dont ride jeepneys often. We still have a lot of resources here, we should mine our own oil.
@sunrisefan (28524)
• Philippines
21 Mar 22
Caltex, Shell and Seaoil are rolling back their prices tomorrow.
@sunrisefan (28524)
• Philippines
8 Mar 22
The prices here have gone up today - P3.50 for gasoline and P5.50 for diesel. It's the 10th price increase since the start of January.
1 person likes this
@sunrisefan (28524)
• Philippines
24 Feb 22
I fueled up last Saturday for Turbo Diesel and it was P57.30 but there was again another increase the other day so it must be P59 or more this time. Premium gasoline then was P64.
1 person likes this
@sunrisefan (28524)
• Philippines
24 Feb 22
@sol_cee Probably yes but fares would likewise increase and there's the risk of covid.
1 person likes this
@cacay1 (83577)
• Cagayan De Oro, Philippines
24 Feb 22
This war may cause an international war, according to news since America participates and soon the European countries. War - virus devastate lives, poor earth and its earthlings. 
@cacay1 (83577)
• Cagayan De Oro, Philippines
6 Mar 22
@sunrisefan so true, but it's all written in the Holy Scripture God said in Revelation, He's coming very soon to redeem
@sunrisefan (28524)
• Philippines
24 Feb 22
It's now dying either from the virus or the bullet or missiles.
1 person likes this
@GooglePlus (3830)
•
3 Mar 22
6th March is the date after which Petrol price will be declared again. So before that I will try to fill my car's tank 
@sunrisefan (28524)
• Philippines
4 Mar 22
Oh is that so? It's getting worse really.
1 person likes this
@MarshaMusselman (38865)
• Midland, Michigan
24 Feb 22
Others here are concerned about the fuel prices also but that remains to be seen. Although our prices are also higher than they were in d Dec/Jan, so we shall see. Hopefully it won't t take the process up exponentially.
@JudyEv (342100)
• Rockingham, Australia
24 Feb 22
It really is a huge worry that this war is now on. Who knows where it will end. Fuel prices have gone up here too.
Fuel prices have gone up here too.